How Variance Changes Between Poker Variants

Key Insights

Quick Answer:

  • Best X for Y: Best Low-Variance Variant: Jacks or Better
  • Best time to do X: Best Time to Consider Variance: Before choosing a game
  • Biggest mistake: Choosing games by RTP alone
  • Pro tip: Higher variance means longer losing streaks, not worse math

What Variance Means in Video Poker

Variance describes:

  • how often you win
  • how big those wins are
  • how results cluster

Low variance:

  • frequent small wins
  • smoother bankroll curves

High variance:

  • fewer wins
  • bigger swings
  • longer dry spells

Variance does not change RTP. It changes experience.

Why Variance Exists at All

Variance comes from:

  • payout distribution
  • hand frequency
  • premium hand value

Games that rely on:

  • frequent medium hands
    have lower variance

Games that rely on:

  • rare, massive hands
    have higher variance

Low-Variance Video Poker Games

Examples include:

  • Jacks or Better (full pay)
  • Joker Poker (some versions)

These games:

  • pay often
  • feel steadier
  • suit smaller bankrolls

Losses happen, but swings are manageable.

Medium-Variance Video Poker Games

Examples include:

  • Bonus Poker
  • Double Bonus Poker

These games:

  • redistribute payouts
  • reduce mid-tier hands
  • reward patience

They feel streaky but not brutal.

High-Variance Video Poker Games

Examples include:

  • Double Double Bonus Poker
  • Deuces Wild

These games:

  • push value into rare hands
  • punish mistakes heavily
  • create long dry spells

Winning sessions feel explosive. Losing sessions feel endless.

How Paytables Drive Variance

Even within the same variant:

  • variance can change
  • based on paytable tweaks

Reducing:

  • full house
  • flush payouts

and increasing:

  • four of a kind payouts

raises variance without changing RTP dramatically.

Strategy and Variance Interaction

Higher-variance games:

  • punish errors more
  • magnify bad decisions

Low-variance games:

  • are more forgiving
  • hide mistakes longer

This is why beginners should start low variance.

Variance vs Session Length

Short sessions:

  • feel harsher in high variance
  • don’t reflect RTP

Long sessions:

  • smooth results
  • reveal true distribution

Variance doesn’t disappear—it averages out over time.

Bankroll Requirements by Variance Level

General guidelines:

  • Low variance: smaller bankroll OK
  • Medium variance: moderate buffer needed
  • High variance: large bankroll required

Ignoring this leads to frustration, not bad luck.

Choosing Variance Based on Goals

Choose low variance if you:

  • want steady play
  • prefer smaller swings
  • are learning strategy

Choose high variance if you:

  • chase big wins
  • accept long losing streaks
  • play perfectly

Why Variance Feels Emotional

Human brains:

  • remember losses vividly
  • overreact to streaks

High-variance games:

  • amplify emotional swings
  • trigger tilt faster

Understanding variance reduces emotional mistakes.

Online vs Casino Variance

Variance is:

  • built into the game
  • identical online and in casinos

The difference is:

  • speed of play
  • number of hands per hour

Faster play compresses variance faster.

Common Variance Myths

False beliefs include:

  • “High variance means worse odds”
  • “Low variance guarantees wins”
  • “Variance resets daily”

None are true.

Variance and Professional Play

Experienced players:

  • choose variance intentionally
  • size bankrolls accordingly
  • don’t switch games mid-session

Variance is a tool—not a surprise.

FAQs on Video Poker Variance

Does Higher Variance Mean Better RTP?

No. They’re separate concepts.

Can I Control Variance?

Only by choosing the game—not during play.

Is Variance the Same as Volatility?

Yes, in casino terms.

Should Beginners Avoid High Variance Games?

Yes. Start low and move up.

Does Multi-Hand Increase Variance?

Yes, dramatically.

Where To Go Next

Now that you understand how variance changes between video poker variants, the next step is seeing why specific games swing harder than others.

Next Article: Why Deuces Wild Is More Volatile Than Jacks or Better (article #19)

Next Steps

If you want legality context, read: Why Video Poker Strategy Cards Are Legal and Encouraged (article #17)
If you want variant comparison next, read: Why Deuces Wild Is More Volatile Than Jacks or Better (article #19)
Want the full framework? Use: The Complete Guide to Video Poker (pillar)

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